Why Britain is Poor (And How to Fix It) @adamsmithinstitute
Why Britain is Poor (And How to Fix It)  @adamsmithinstitute
Uploaded January 2026 | Updated September 2026, 2 days ago
Why Britain is Poor (And How to Fix It)

Is the UK’s decline inevitable, or is it a policy choice?

For years, we’ve been told that stagnant wages, crumbling infrastructure, and a "perma-crisis" economy are the new normal for a developing nation. But the data tells a different story. Since 2008, the UK has fallen behind every other G7 and English-speaking nation - not because of bad luck, but because of a "Vetocracy" that stops us from building, moving, and growing.

In this video, we break down The Growth Agenda: a radical blueprint to unlock British abundance. We identify 14 specific barriers—from the "Planning Cage" of 1947 to the world's highest industrial energy prices—that are strangling wealth creation.

If we remove these barriers, the prize is worth an additional £428 billion to our economy by 2036.

Can Britain engineer a second industrial revolution? The parallels to the 1970s are unavoidable, and the solution requires more than just tweaks—it requires a total reimagining of the British state’s relationship with the economy.

TIMESTAMPS:

00:00 - Start
00:10 - Introduction
04:30 - Getting Britain Building
07:50 - Cheap and Abundant Energy
13:18 - Cutting Taxes
18:39 - More Solution
21:02 - End
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Why Britain is Poor (And How to Fix It)

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